Innovation Software 2024

For more than two decades, a category of more specialized business application has taken shape: innovation management software. This initiative will address several questions, including:

• What are the merits of using innovation management software versus mainstream productivity applications to manage an innovation portfolio? If you opt to use specialized innovation management software, how do you build the business case?

• How are new AI capabilities changing what both innovation management software and mainstream productivity applications can do?

• How are corporate innovators using the emerging class of “native” generative AI tools as part of their work?

In Q1, we conducted a survey and published a report about the ways that generative AI tools are impacting the use of (and market for) innovation management software. And we’ll be adding more content and provider profiles to this page over the course of 2024. (Please contact Alex Slawsby if you have ideas or questions about this initiative.)

Video: InnoLead’s Alex Slawsby and Scott Kirsner offer a sneak peek at the survey data. Click the arrows at right to expand the video.

What to Know About Innovation Software in 2024
January 23, 2024 | By Alex Slawsby
This article explores how the usage of software by innovation groups is changing in 2024. It looks at two categories — mainstream productivity applications and innovation management software — and raises questions about how generative AI will change them.
Research Report
Innovation Software: The Start of the Gen AI Era
March 21, 2024
Major changes are rippling through the innovation software landscape in 2024, with industry consolidation among established players and the continued explosion of new generative AI tools and platforms. This new report explores what’s happening in 2024, leveraging exclusive survey data.
Market Analysis
What’s Driving Consolidation in the Innovation Software Arena — and What It Means
Here are five observations about what’s driving consolidation — and what it means for both software providers and software users.
Earlier Research on Innovation Software
Digitizing the Innovation Team
August 21, 2020
Get insights and recommendations for innovation leaders seeking to get the most out of digital tools, and also for tool developers seeking to build productive relationships with those leaders.